Sui’s native stablecoin
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PAI is an overcollateralized stablecoin on Sui.
ABOUT
PAI is an overcollateralized stablecoin on Sui. Users can mint PAI using Sui-native collateral assets to access liquidity and multiply exposure to their crypto. Users can hold PAI to access a stable store of value on Sui without worrying about bridge security.
What is PAI?
WHY
Bridge hacks are among the largest and most common exploits in crypto, claiming over $1 billion in losses within the last year alone. These exploits result in assets becoming depegged on one side of the chain, making bridged stablecoins worthless. PAI is immune to bridge exploits by exclusively using Sui-native assets as collateral, offering holders peace of mind.
Why PAI?
WHAT ELSE?
We’ll be sharing more information about Porto and PAI in the coming weeks! For now, follow us on Twitter and join the community on Discord to get involved.
How can I learn more?
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